Fast Cables Limited manufactures and sells various types of electric wires, cables, and conductors in Pakistan. It offers low voltage cables, including building wires/power, solar, fire retardant and halogen free, aerial bundle, telecommunication, fire resistance, and control and instrumentation cables; medium voltage cables, such as single core and three core cables; and conductors comprising all aluminium and all aluminium alloy conductors, and aluminium conductor steel reinforced products. The company also provides indoor lighting products, such as bay lights, bulbs, downlights, panel lights, tube rods, batten lights, damp proof lights, linear and pendant lights, track lights, and emergency exit lighting products; and outdoor lighting products, including flood, and road and street lighting products; metal products; and PVC cable compounds. In addition, it manufactures aluminium rod, alloy rod, trapezoidal wire conductors, aluminium alloy conductor steel reinforced, and aluminium conductor alloy and fiber reinforced products; and oxygen-free copper rod, copper busbar, and enameled copper wires. Further, the company offers Fast Tasdeeq, an electrical cable verification service; and Fast Tasdeeq Plus, a QR-code-based cable verification service; as well as operates Fast mobile app. The company was founded in 1985 and is headquartered in Lahore, Pakistan.
Metrics to compare | FAST | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipFASTPeersSector | |
---|---|---|---|---|
P/E Ratio | 7.9x | 17.4x | 12.1x | |
PEG Ratio | −0.42 | 0.06 | 0.03 | |
Price/Book | 1.0x | 0.9x | 1.4x | |
Price / LTM Sales | 0.4x | 0.7x | 1.2x | |
Upside (Analyst Target) | - | 23.4% | 19.5% | |
Fair Value Upside | Unlock | 14.1% | 7.3% | Unlock |